Property Overview: 54 Lincrest Road, Garden City, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Garden City offers a practical and updated living space. Its key features include a renovated basement, an attached garage, and a generous 1,387 sqft of living area, which ranks above average for both the immediate street and the wider neighborhood. Built in 1961, the home sits on a standard-sized lot just under 6,000 sqft.
The primary appeal lies in its move-in readiness due to the basement renovation and its strong positional value within a established community. The data indicates its assessed value consistently performs above average locally, suggesting it's a solid asset in its price bracket. It would suit first-time buyers or downsizers looking for a manageable single-level layout without a major project, as well as value-conscious investors attracted by the modernized basement and stable Garden City market. A less obvious perspective is that while the home isn't the newest or largest on a city-wide scale, its strength is in outperforming its direct peers—offering a comfortable, updated home without paying a premium for top-tier city-wide comparisons.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,387 sqft, the living area is above average for both Lincrest Road and the broader Garden City area, ranking in the top 23% of similar neighborhood homes.
2. What is the property’s assessed value and how is it positioned?
The assessed value is $389,000. This ranks above average for the street (top 17%) and Garden City (top 15%), but is around the average mark when compared city-wide.
3. Has the home been sold recently?
Yes, according to available data, it was sold in November 2023. The exact sale price is not publicly listed, but can be requested directly from the site.
4. What are the basics of the lot and building?
The home is a one-storey built in 1961. It sits on a 5,996 sqft lot, which is a typical size for the area, and features an attached garage and a renovated basement.
5. Is the basement development a full suite?
The listing confirms the basement is renovated, but does not specify if it is a legal, self-contained suite. This would be a key point to verify for potential rental income or multi-generational living.